SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Spyglass -- Ignore unavailable to you. Want to Upgrade?


To: Bruce Cullen who wrote (1106)10/4/1999 8:59:00 PM
From: bobgh  Read Replies (1) | Respond to of 1412
 
From Todays Chicago Tribune 10-4-99

SPYGLASS ANTICIPATES INCREASED SET-TOP BUSINESS
FROM MOTOROLA-GI DEAL

Andrew Zajac and Jon Van
October 4, 1999

Motorola Inc.'s $11 billion acquisition of General Instrument Corp. didn't get the warm and fuzzy treatment from Wall Street, which gave noogies to the stock of both companies.

But the deal could turn out to be a boost to Spyglass Inc., a one-time Motorola partner and currently holder of a $20 million contract with Horsham, Pa.-based GI.

Spyglass integrates audio and video and other software in GI's DCT2000 set-top box. "You have to get all this disparate data to look good on a television," said Spyglass Chief Executive Doug Colbeth. "The idea is to have PC-like functionality in a TV."

Colbeth noted that GI operations will be lumped with, among other things, Motorola's cable modem business, giving Spyglass an entree to try to license microserver technology for troubleshooting the signal fed from modem to the set-top. "We like the fact that it's under one group," Colbeth said.

His company also could have enhanced opportunity for business overseas because of Motorola's strong global channel for its set-top box, called Streamaster.

On another front, Spyglass recently sold off its SurfMaster Web filtering software division to JSB Software Technologies PLC, of Scotts Valley, Calif., and Manchester, England, for $17 million in cash and $12 million in JSB stock from a scheduled public offering on the Easdaq stock market in Europe in mid-November.

The deal is contingent on the completion of the IPO. Spyglass also receives a minimum of $2 million in licensing fees for the filtering technology underlying SurfWatch.

The sale affects about 25 employees of a Spyglass facility in Los Gatos, Calif.

Spyglass, which will become a reseller of SurfWatch, made the deal to focus on Web integration products and services, Colbeth said.

-----------------------------------------------------------
What happened to our deal with Motorola,, the Blackbird -or-
whatever the name is/was, don't we still have a working
arrangement with them any longer...

I believe there is a lot of things that have changed, that the public and stockholders know nothing about, which I
firmly believe is pertinent to investing in this companies
shares and should be make public.... I also know they are
losing a large number of "key" employees...



To: Bruce Cullen who wrote (1106)10/8/1999 8:07:00 PM
From: bobgh  Respond to of 1412
 
Bruce
what is your opinion and feelings regarding Spyglass
after MOT did the following, where does this leave SPYG.

Wednesday October 6, 5:52 pm Eastern Time

Company Press Release

SOURCE: Motorola, Inc.

Motorola and Phone.Com Sign Strategic
Agreement for Licensing and Distribution Of Phone.Com WAP
Server and Microbrowser

biz.yahoo.com

I know the stock is having a struggle tryying to hold its
price.. Seems there is some distribution going on..

I've e-mail'd the company numerious times , with no
responses... I'm really getting disappointed with
management and their lack of keeping the shareholders informed..